AUDIUS - AUDIO/USDT - 1H - Technical analysis published on 04/08/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 1.31 USDT
My targets
1.22 USDT (-2.40%)
1.12 USDT (-10.40%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUDIUS - AUDIO/USDT as long as the price remains well below 1.31 USDT. The sellers' bearish objective is set at 1.22 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.12 USDT. In case of crossing, the next objective would be the support located at 0.84 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.8
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Oli. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUDIUS - AUDIO/USDT rating is 1.25 USDT. The price is lower by -2.34% since the last closing and was between 1.23 USDT and 1.34 USDT. This implies that the price is at +1.63% from its lowest and at -6.72% from its highest.1.23
1.34
1.25
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this 1H chart of AUDIUS - AUDIO/USDT indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Three black crows
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.84 | 1.12 | 1.22 | 1.25 | 1.32 | 1.38 | 1.56 |
| Change (%) | -32.80% | -10.40% | -2.40% | - | +5.60% | +10.40% | +24.80% |
| Change | -0.41 | -0.13 | -0.03 | - | +0.07 | +0.13 | +0.31 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.14 | 1.19 | 1.23 | 1.28 | 1.32 | 1.37 | 1.41 |
| Camarilla | 1.26 | 1.26 | 1.27 | 1.28 | 1.29 | 1.30 | 1.31 |
| Woodie | 1.15 | 1.19 | 1.24 | 1.28 | 1.33 | 1.37 | 1.42 |
| Fibonacci | 1.19 | 1.22 | 1.24 | 1.28 | 1.31 | 1.33 | 1.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.69 | 0.85 | 1.00 | 1.16 | 1.31 | 1.47 | 1.62 |
| Camarilla | 1.07 | 1.09 | 1.12 | 1.15 | 1.18 | 1.21 | 1.24 |
| Woodie | 0.69 | 0.85 | 1.00 | 1.16 | 1.31 | 1.47 | 1.62 |
| Fibonacci | 0.85 | 0.97 | 1.04 | 1.16 | 1.28 | 1.35 | 1.47 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.12 | 0.39 | 0.77 | 1.04 | 1.42 | 1.69 | 2.07 |
| Camarilla | 0.96 | 1.02 | 1.08 | 1.14 | 1.20 | 1.26 | 1.32 |
| Woodie | 0.17 | 0.42 | 0.82 | 1.07 | 1.47 | 1.72 | 2.12 |
| Fibonacci | 0.39 | 0.64 | 0.80 | 1.04 | 1.29 | 1.45 | 1.69 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 37.30 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -6.33 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 1.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.34 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 1.32 | |
| Zig ZAG (10): | 1.25 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 15.30 | |
| TEMA (21): | 1.27 | |
| Williams %R (14): | -79.05 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | -0.6200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1500 | |
| Courbe Coppock: | 1.73 |
| MA7: | 1.38 | |
| MA20: | 1.18 | |
| MA50: | 0.94 | |
| MA100: | 1.07 | |
| MAexp7: | 1.26 | |
| MAexp20: | 1.28 | |
| MAexp50: | 1.32 | |
| MAexp100: | 1.35 | |
| Price / MA7: | -9.42% | |
| Price / MA20: | +5.93% | |
| Price / MA50: | +32.98% | |
| Price / MA100: | +16.82% | |
| Price / MAexp7: | -0.79% | |
| Price / MAexp20: | -2.34% | |
| Price / MAexp50: | -5.30% | |
| Price / MAexp100: | -7.41% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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